CoinList Aims to Reduce Miners’ Capital Costs With Low Collateral Filecoin Loans

CoinList Aims to Reduce Miners’ Capital Costs With Low Collateral Filecoin Loans

The company aims to help new miners lower their upfront cost by providing a FIL borrowing facility that requires collateral of as little as 10% of the total loan value. “By allowing for lower collateral, storage providers can allocate their funding to store [f]ilecoin+ deals, hardware and operations, rather than FIL or other forms of collateral, allowing them to scale their operations exponentially,” CoinList said in a statement.

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